The Gunners have long been admirers of the Bundesliga star, having scouted him for some time.
And Arsene Wenger has identified the versatile forward as a replacement for Alexis Sanchez in case he leaves the Emirates.
Arsenal’s 28-year-old is yet to put pen to paper over a new contract, meaning he could yet be sold at the end of the season.
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Arsenal have opened talks with Borussia Dortmund over Marco Reus
The Gunners have begun negotiations with Dortmund
As a result, according to WhoScored.com, the Gunners have begun negotiations with Dortmund.
Reus’ proposed contract in north London would be worth £6.8m annually on a five-year deal.
And Arsenal are prepared to break their transfer record to land him if they lose Sanchez.
Juventus have shown interest in the Chile international, while Premier League rivals Chelsea and Manchester City could also make an approach if he decides against committing long-term at Arsenal.
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Alexis Sanchez could yet leave Arsenal as they await to see if he signs a new deal
Alexis Sanchez stats for Arsenal in 2016/17
Tue, January 24, 2017
Click through the gallery for the stats that prove Alexis Sanchez is Arsenal's only hope of success
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Click through the gallery for the stats that prove Alexis Sanchez is Arsenal's only hope of success
Sanchez’s contract is set to expire in 2018, while Reus’ deal at Dortmund still has two-and-a-half years left to run on it.
The German giants are under no pressure to cash in soon, but it appears a big offer in excess of £50m is being lined up by the Gunners.
Any move for Reus would not be likely until the summer, and Arsenal remain very keen despite his injury record.
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